Identify atleast 2 pricing strategy being implemented by: 1. Agusan del Norte Electric Cooperative (ANECO) 2. Holcim 3. Mitsubishi 4. Pizza Hut 5. Cebuana Lhullier Support your answer.
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Identify atleast 2 pricing strategy being implemented by:
1. Agusan del Norte Electric Cooperative (ANECO)
2. Holcim
3. Mitsubishi
4. Pizza Hut
5. Cebuana Lhullier
Support your answer.
Step by step
Solved in 2 steps
- c) Please find below Pricing options for firm A and B, along with individual payoffs (Firm A’s payoff/Firm B’s payoff)Firm BFirm APrice £2 Price £1Price £2 £10,000/£10,000 £5,000/£12,000Price £1 £12,000/£5,000 £6,000/£6,000Assume you are the pricing manager at Firm A;9i) What is your payoff for a ‘maximin’ strategy?ii) What is your payoff for a ‘maximax’ strategy? iii) Does a dominant strategy exist within this prisoners’ dilemma?Suppose Tasty Cakes is deciding its pricing strategy: it is debating whether to offer a single linear price for its sheet cakes or to offer non-linear pricing. Suppose on any day, it gets 2 customers–who are of Type A and TypeB with the following maximum willingness-to-pay for the cakes: Units Type A Type B 1 $100 $90 2 $75 $40 Suppose it costs $10 to bake each of the cakes. (a) If Tasty Cakes decides to pick a linear pricing strategy, what will be the profit-maximizing price it should choose? How many cakes will it end up selling and what will be its total profit? (b) If Tasty Cakes decides to pick a non-linear pricing strategy where it may offer a different price depending on the number of cakes purchased, what should be the profit-maximizing set of prices? How many cakes will it sell and what will be its total profit? (c)Comparing Tasty Cakes’profits in (a) and (b), explain IN WORDS why we see this difference in profitsa lock-in stategy bundling intertemporal pricing a teaser strategy
- 1.1. Optimal pricing. There two consumers, Alice and Bob, and two kinds of products A and B. Alice and Bob have valuations according to the table AB Alice 34 62 Bob 55 90 You sell the products and it costs you nothing to produce them. You know this table, but when Alice or Bob walk into your store, you cannot tell who they are. That is, if Alice walks in, you do not know if perhaps it is Bob instead who walked in, and vice-versa. What is the optimal pricing plan for the two products?6) The following is a static game D 2,2 0,3 D 3,0 1,1 a) Convert this game into dynamic form game b) Find the Nash equilibrium and subgame perfect Nash equilibrium of this game. c) If you consider this game as dynamic then what kind of dynamic game is this.(a) Compute the Nash Equilibrium in pure strategies of the game above. (b) Compute the subgame perfect Nash equilibrium.(c) Compute the perfect Bayesian euilibrium. (I need help with how to solve these questions in detail)
- fnan421 WWord Gozden Geç r Gorunum Varc m Ne yaomak steci gnz soy evn 1) Two firms, X and Y, are planning to market their new products. Each firm can develop either TV or Laptop. Market research indicates that the resulting profits to each firm for the alternative strategies are given by the following payoff matrix: FIRM Y TV LAPTOP FIRM X TV 30, 30 50, 35 LAPTOP 40,70 20, 20 A) If both firms make their decisions at the same time and follow maximin (low-risk) strategies, what will the outcome be? B) Suppose both firms try to maximize profits, but Firm X has a head start in planning, and can commit first. Now what will the outcome be? What will the outcome be if Firm Y has a head start in planning and can commit first? I2. The market for dark chocolate us characterized by Cournot duopolists - Honeydukes and Wonka industries. The market demand for dark chocolate is:P = 8 - 0.005Qdwhere P is the price per bar in dollars and Qd is dark chocolate's daily quantity demanded in bars (use qh to represent the quantity of dark chocolate sold by Honeydukes and qw to represent the quantity of dark chocolate sold by Wonka Industries). Honeydukes has a constant marginal cost of $2.50 per bar, while Wonka Industries has a constant marginal cost of $3.00 per bar. The firms move simultaneously in choosing their profit-maximizing quantity of output.a. Given the firms move simultaneously, what is the equation for Honeydukes' reaction function with qh expressed as a function of qw?b. Given the firms move simultaneously, what is the equation for Wonka's reaction function with qw expressed as a function of qh?c. What quantity of dark chocolate will each firm produce in equilibrium and what price will be established for a…10. Game theory
- 3. Eliminate inferior strategies using the concept of dominance and determine the optimum game solution using graphical method. Player 2 Strategy 1 2 3 1 -1 2 4 1 Player 1 3 -2 -3 6. -2 -Om mrock paper scissors гock 0. -3 1 рарer 1. -1 scissors -1 3 0. (a) Show that xT= ( ) and yT= (3) together are not a Nash equilibrium 3 3 313 for this modified game. (b) Formulate a linear program that can be used to calculate a mixed strategy x € A(R) that maximises Rosemary's security level for this modified game. (c) Solve your linear program using the 2-phase simplex algorithm. You should use the format given in lectures. Give a mixed strategy x E A(R) that has an optimal security level for Rosemary and a mixed strategy y E A(C) that has an optimal security level for Colin.Game Theory. 1. Yuppie town has two food stores, LA Boulangerie, which sells bread, and La Fromagerie, whichsells cheese. It costs $1 to make a loaf of bread and $2 to make a pound of cheese. If LaBoulangerie's price is P 1 dollars per loaf of bread and La Fromagerie's price is P 2 dollars per pound ofcheese, their respective weekly sales, Q 1 thousand loaves of bread and Q 2 thousand pounds ofcheese, are given by the following equations: a) For each store, write its profits as a function of P 1 and P 2 , and find the Nash equilibriumprices in this game. b) Suppose that the two stores collude and set prices jointly to maximize the sum of theirprofits. Find the joint profit-maximizing prices for the stores.c) Provide an explanation for the differences between the Nash equilibrium prices and thosethat maximize joint profits.